Tokenproof: Crypto’s Gatekeeper - [Web3 Breakdowns, EP.31]
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This is Eric Golden and my guest today is Fonz. Fonz is the founder of Tokenproof, which lets NFT owners prove their ownership online and at events without exposing their wallets or tokens. I used the service at ApeFest last month and was blown away by how seamless it was. If you haven’t already listened to it, I recommend pairing this episode with our conversation on tokengating with Alex Danco. Please enjoy my conversation with Fonz. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes [00:02:20] - [First question] - How things have changed at ApeFest thanks to Tokenproof [00:04:35] - Getting tickets through tokengating [00:07:56] - His story and what led to the development of his technology [00:13:33] - Explaining the power of tokengating with NFTs [00:15:34] - Future use-cases for NFT’s tokengating [00:17:03] - Partnering with brands [00:19:14] - How artists/athletes/celebrities could game fame [00:20:52] - Barriers that exist in the entertainment world relating to NFTs [00:23:11] - Exciting potential use cases for NFT monetization [00:24:26] - Can NFT’s be used for lower priced items [00:26:57] - Early reactions to Tokenproof [00:31:51] - Lessons from the ApeFest event [00:34:00] - Future of ApeFest and other events like it [00:36:17] - Could this tech work without the blockchain [00:39:12] - Could Tokenproof be used for ticket trading in the future [00:41:19] - Could they partner with a Ticketmaster or similar entity [00:42:47] - Connecting a wallet to Tokenproof [00:45:17] - How was Tokenproof received by users? [00:46:47] - Using this for digital vs real-world events [00:48:51] - Monetization for Tokenproof [00:49:54] - What Fonz is most excited to build Learn more about your ad choices. Visit megaphone.fm/adchoices